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Encyclopedia results for Trustee

  1. Trustee System

    Trustee System could refer to United Nations Trust Territories Trustee system Catholic Church disambig ...   more details



  1. Private trustee

    Orphan date February 2009 Wikify date April 2010 In the United States a Private Trustee is a position set up through a Trust Indenture. It is a private agreement, between the Settlor of a Trust and the Trustee . ref United States Constitution Article I, 10 ref Even though this position was established long before 1634, no records can be found, by this author, of it existence prior to this date. This makes both the Trust and the Trustee private. This arrangement differs from a bank Trustee or a corporate Trustee, both mainly focus on legalities and accounting in the public arena. A Private Trustee works for and with the family and Beneficiaries becoming familiar with their needs and wishes. Thus, the Private Trustee is more likely to move the Trust group forward keeping these priorities in mind. Usually the Settlor and the Trustee work closely together establishing investments for the trust. Notes references Category Wills and trusts ...   more details



  1. Interim trustee

    Unreferenced stub auto yes date December 2009 Interim trustee is a term of art in section 701 of the Bankruptcy Code , Title 11 of the United States Code . When a case under Chapter 7 of the Code is commenced, the United States Trustee immediately appoints an interim trustee for that case. The most important immediate duty of the interim trustee is to conduct the first meeting of creditors sometimes called the 341 meeting , at which the bankrupt person is required to appear and respond to questions under oath concerning the person s assets and debts see generally Usc 11 341 . If the creditors do not elect some other person qualified to serve as trustee for the case, then the interim trustee becomes the permanent trustee. He or she serves as trustee for the duration of the case, but is subject to removal for good cause. In the overwhelming majority of bankruptcy cases, the interim trustee is not replaced, and serves for the entire case. Chapter 7 trustees are selected by the U.S. Trustee from a panel of individuals residing or having offices in the judicial district where the bankruptcy case is filed. Federal law u prohibits u the U.S. Trustee from requiring the trustee to be licensed as an Attorney at law United States attorney . Because trustees must be knowledgeable about bankruptcy law and procedure in order to administer their cases, most panel trustees are, however, attorneys who handle their court responsibilities as a complement to their law practices. The only other legal pre requisite for the qualification of the interim trustee is the giving of a surety bond to secure compliance with the trustee s responsibilities in the case. Generally, panel trustees will file a blanket bond with the U.S. Trustee s office which covers all cases in which a particular trustee is serving. See also Bankruptcy DEFAULTSORT Interim Trustee Category United States bankruptcy law Law term stub ...   more details



  1. Trustee in bankruptcy

    USBankruptcy A trustee in bankruptcy is an entity, often an individual, in charge of administering a bankruptcy estate. United States In the United States, a Trustee in Bankruptcy is a person who is appointed by the United States Department of Justice or by the creditors involved in a bankruptcy case. In a Chapter 7, Title 11, United States Code Chapter 7 Bankruptcy the trustee gathers the debtor s non exempt property, managing the funds from the sale of those assets, and then paying expenses and distributing the balance to the owed creditors. In a Chapter 13 Bankruptcy the trustee is responsible for receiving the debtor s monthly payments and distributing those funds proportionally to the bankrupt s creditors. The Bankruptcy Trustee will act on behalf of the debtor to guarantee that both the creditors and the debtor s interests are maintained in accordance with the bankruptcy laws, and will often be required to act as a negotiator between the two parties. Canada See Bankruptcy in Canada In Canada, a trustee in bankruptcy is an individual or a corporation licensed by the official superintendent to hold in trust and, subsequently, to distribute bankrupt s property among the creditors in accordance with the distribution scheme under the Bankruptcy and Insolvency Act BIA . The bankrupt and all other persons holding bankrupt s property must transfer the property to trustee. The trustee may also assist individual in preparing and submitting a consumer proposal to creditors. The trustee must arrange mandatory counselling of the bankrupt. The trustee must follow the procedures under the BIA, call creditors meetings and send the parties required notices of proceedings and documents. The trustee is responsible for preparation of pre discharge report and may oppose the bankrupt s discharge. See also Receiver legal External links United States http www.nabt.com National Association of Bankruptcy Trustees http www.usdoj.gov ust DOJ U.S. Trustee Program Category Legal professions ...   more details



  1. Executorial trustee

    Unreferenced stub auto yes date December 2009 Orphan date December 2009 An executorial trustee is someone who is appointed to be an executor the person who carries out the directions set forth in a Will law will and also be a trustee of an estate law estate after the executors duties have been completed. When dealing with large and lucrative estates this position generally does not exist in many cases so as not to create a conflict of interest . The remedy is usually to have an executor act in an arbitration arbitrary fashion and have no financial interest in how the estate will be divided up. See also inheritance , executor , trustee , wikt executorial trustee wiktionary definition DEFAULTSORT Executorial Trustee Category Legal professions Law term stub ...   more details



  1. Public trustee

    Globalize date December 2010 Unreferenced date October 2008 The public trustee is an office established pursuant to national and, where applicable, state or territory statute, to act as a trustee , usually where a sum is required to be deposited as security by legislation , where courts remove another trustee, or for Estate law estate s where either no executor is named by Will law will or the testator elects to name the Public Trustee. Origins The first Public Trustee is that of New Zealand it was proposed by E.C. J. Stevens in 1870 due to the difficulty of finding reliable private trustees in the colony and adopted by Prime Minister Julius Vogel who established the office of Public Trustee New Zealand and installed Jonas Woodward as the world s first Public Trustee on January 1, 1873. Initially it was a part time for position for one man, the government had not anticipated that much of the public would prefer to trust a bureaucrat with their estate by the mid 20th century the New Zealand Public Trustee gained nearly 1 3 of the estate market in the country, was undertaking many statutory ... across the Tasman, where South Australia established a Public trustee on the same model on 1 January 1881, making it the first Public Trustee established in Australia. Other nations The office of Public Trustee was adopted by several other countries of the Commonwealth of Nations Commonwealth , including ... percent. United Kingdom and Australia There is a public trustee in each state and territory of Australia and a similar national position exists under England English law . The public trustee primarily performs the role of trustee of deceased s estates where no executor is appointed, or the executor ... , prisoners, and others under a disability legal or otherwise , when required. The public trustee may also act as trustee of unclaimed property in some states Australia . New Zealand Although much ... estates estates.htm DEFAULTSORT Public Trustee Category Australian law support ...   more details



  1. Trustee Georgia

    Trustee Georgia is the name of the period covering the first twenty years of History of Georgia U.S. state Georgia history , from 1732 1752, because during that time the English Province of Georgia was governed by a Board of Trustees . England s George II of Great Britain King George II , for whom the colony was named, signed a charter establishing the colony and creating its governing board on April 21, 1732. His action culminated a lengthy process. The charter was granted to James Oglethorpe , a man who worked his whole life to make a colony for debtors. Oglethorpe made very strict laws that many colonists disagreed with. Oglethorpe envisioned the province as a location for the resettlement of English debtors and the worthy poor , although no debtors or convicts were part of the organized settlement of Georgia. Another motivation for the founding of the colony was as a buffer state border , or garrison province that would defend the southern part of the British colonies from Spanish Florida . Oglethorpe imagined a province populated by sturdy farmers that could guard the border because of this, the colony s charter prohibited slavery. Origins Oglethorpe was famous for conducting a parliamentary investigation into the conditions of London prisons, and he exercised a leading role in the movement to found the new colony with an eye towards assisting some of those who had been imprisoned for debt. He confided to his friend John Perceval, 1st Earl of Egmont John Lord Viscount Percival known as the first earl of Egmont after that title was conferred on him in 1733 that he intended to help released debtors begin a new life in America. In fact, Oglethorpe had received a grant of 5,000 ... Walpole to pay for all military expenses. Trustee legislation and reactions In 1735, the Trustees .... No agreement was reached. Oglethorpe attended his last meeting on March 16, 1749. End of Trustee rule ... Relations in the Trustee Era, 1733 1752 Athens, Ga. University of Georgia Press, 2005 . Category Articles ...   more details



  1. United States Trustee Program

    USBankruptcy The United States Trustee Program is an agency of the United States Department of Justice ... in the United States bankruptcy cases and private trustee s. The applicable United States federal ... States Trustee is the federal official charged with enforcing civil bankruptcy laws in the United ... Trustee for each of twenty one geographical regions for a five year term. Each United States Trustee ... Attorney General see usc 28 581 and usc 28 586 c . Each United States Trustee, an officer of the Department ... States Trustee has other duties including the oversight of administration of most bankruptcy cases ... an office in each judicial district within the trustee s region, except for Alabama and North Carolina , which are not administered by the U.S. Trustee program. anyone know why? The U.S. Trustee ... Code section 3057, which also applies to private trustees. ref Interim trustee s serve by the U.S. Trustee s appointment in Chapter 7 cases. Generally the interim trustee is assigned at random ... appointed as the permanent case trustee after the first meeting of creditors. Due to the relative infrequency ... or unable to perform, the U.S. Trustee may serve as trustee for a particular case under Chapter 7, 12 or 13. This very rarely happens. The U.S. Trustee s office conducts the first meeting of creditors in a Chapter 11 case. Most Chapter 11 s do not require the appointment of a trustee however, in those cases which do, the U.S. Trustee oversees the appointed trustee s handling of the case and, for good cause, can seek the removal or replacement of the trustee. The U.S. Trustee may not, however, serve as the case trustee in Chapter 11. Along with the creditors committees, the U.S. Trustee acts as the primary watchdog to ensure compliance with the Bankruptcy Code in cases where no trustee has been appointed. Accounting staffers within the Trustee s office review all debtor filings, and monitor trustee and attorney fees in all cases. Attorneys employed by the Trustee represent the office ...   more details



  1. Trustee de son tort

    A trustee de son tort is a person who may be regarded as owing fiduciary duties by a course of conduct that amounts to a wrong, or a tort . Accordingly, a trustee de son tort is not a person who is formally appointed as a trustee, but one who assumes such a role, and then cannot be heard to argue that she ... him or her to be a constructive trustee and, thereby, impose the liabilities of an actual trustee ... at 42 74 cquote If a person by mistake or otherwise assumes the character of trustee when it does not really belong to him, he becomes a trustee de son tort and he may be called to account by the beneficiaries for the money he has received under the colour of the trust. A trustee de son tort closely resembles an express trustee. The principle is that a person who assumes an office ought not to be in a better ... he has assumed. While it is essential, if a person is to become a trustee de son tort, that he consciously takes the office of trustee, it does not matter whether he knows all the trusts or the extent ... affairs, they are therefore constructive trustees. A trustee de son tort is to be contrasted with a delegate who is appointed by a trustee to undertake certain functions such a person derives his authority from the trustee and is entitled to act in accordance with the delegated authority without himself becoming a trustee. A delegate, in such circumstance, has done no wrong and is not intermeddling in the trust and so does not become a trustee de son tort . The court also considered the concept of a trustee de son tort and whether an agent, appointed by a duly constituted trustee, could itself be a trustee de son tort in circumstances where the agent s actions caused loss to the trust ... to be carried out largely by another company other than the trustee within the same group of companies as the corporate trustee. It would cause considerable surprise in the industry if such a company was to find itself designated a trustee de son tort. Because it was common practice it was important ...   more details



  1. Public Trustee (New Zealand)

    The Public Trustee of New Zealand was a government appointed corporation sole providing Trustee services to those unwilling to use private services, or required by the courts or legislation to use the Public Trustee. From 2001 the Public Trustee of New Zealand ceased to be a corporation sole, adopting a structure similar to a company as a crown entity , and was renamed Public Trust, a name under which the Public Trustee had been trading for some years . It administers 50,000 estates, trusts, funds and agencies. History Origins 1870 1873 In early New Zealand , where, mortality was high, literacy ... volunteers to be Trustee s, that is to look after assets, usually an Estate law estate where the beneficiary ... attempted to found a state trustee in Victoria. In 1870 when the country was less than 30 years old ... Julius Vogel , during a casual conversation about a case where a private trustee had embezzled ... of state involvement in business, having founded State Insurance in 1869. He introduced the Public Trustee ... drafted an amended bill, removing two criticised aspects the ability of the Public trustee to act under ... for closer supervision of the Public Trustee was included. The bill was presented to the house ... mental patient s estates in the hands of the public trustee. The electorate was mobilised in support .... The First Public Trustee 1873 1880 Jonas Woodward , a 62 year old former banker, auditor and high ranking civil servant, was appointed the first Public Trustee gazetting the functions of the office ... trustee was with intestate estates that is, people who had died without leaving a Will law will 234 ... companies to deposit security with the Public Trustee. On the same day, Woodward also acquired ... Trustee was administering 1432 estates. In that year Jonas Woodward handed over his responsibilities ... The Public Trustee v. The Public Trustee T.G. McCarthy Trust Smedley Station Electronic Innovation ..., 1973 Michael Winteringham , Public Trustee and Chief Executive of Public Trust media statement ...   more details



  1. Indiana Township Trustee

    A Township Trustee is an elected official in the local government of the U.S. state of Indiana . A township trustee administers a civil township township , which is a political subdivision of a county United States county , and in common with most other state officials serves a term of four years. Duties The duties of a township trustee include Providing fire protection and ambulance service to unincorporated area s of the county Providing for poor relief and burial of the indigent Maintaining cemetery cemeteries and burial grounds Resolving fence disputes Investigating claims of livestock killed by dogs Controlling weeds and underbrush Managing the township budget and financial records Preparing an annual financial report Township Board The trustee is assisted by a three member Township Board whose members are also elected to four year terms. Duties of the board include adopting the annual budget, serving as a Board of Finance board of finance and approving township contracts. In January of each year, the trustee presents to the board an annual report showing the receipts, expenditures, investments and debts of the township. The approved report is then published in local papers for public inspection. References cite web url http unitedtownships.org ?page id 95 title Government publisher United Township Association of Indiana accessdate 2011 01 06 cite web url http unitedtownships.org ?page id 22 title Duties publisher United Township Association of Indiana accessdate 2011 01 06 External links http unitedtownships.org United Township Association of Indiana http www.indianatownshipassoc.org Indiana Township Association Indiana government Category Local government in Indiana Category Indiana law ...   more details



  1. Trustee Act 2000

    Good article Infobox UK Legislation short title Trustee Act 2000 parliament Parliament of the United ... www.opsi.gov.uk acts acts2000 ukpga 20000029 en 1 activeTextDocId 2575042 legislation history The Trustee ... advised as early as 1982, and finally came about through the Trustee Bill 2000, based on the Law ... and came into force on 1 February 2001 through the Trustee Act 2000 Commencement Order 2001, a Statutory ... as a trustee. It sets a new duty of care, both objective and standard, massively extends the trustees ... the rights of trustees under the Trustee Investments Act 1961 little else was done. Further papers were published on similar areas in 1997 and 1999, and finally the Trustee Bill 2000 was introduced ...?LegType All Legislation&title Trustee Act 2000&searchEnacted 0&extentMatchOnly 0&confersPower 0&blanketAmendment ... 1754372&filesize 792 title Trustee Act 2000 C.29 publisher UK Statute Law Database accessdate 28 November 2009 ref and most of it came into effect on 1 February 2001 through the Trustee Act 2000 Commencement ... Trustee Act 2000&searchEnacted 0&extentMatchOnly 0&confersPower 0&blanketAmendment 0&sortAlpha ... 2535 title The Trustee Act 2000 Commencement Order 2001 No. 49 C. 2 publisher UK Statute Law Database ... land, and the power to receive remuneration for work done as a trustee. ref name pan1 Duty of care ... 1 defines this duty, which is that a trustee, Cquote must exercise such care and skill as is reasonable ... that he has or holds himself out as having, and b if he acts as trustee in the course of a business ... in the course of that kind of business or profession. ref Trustee Act 2000 s 1 ref This test has both an objective and subjective element. There is an objective baseline of care that every trustee ... law company and United Kingdom insolvency law insolvency law . It indicates that a professional trustee would be held to a higher standard than a family trustee. ref See Bartlett v Barclays Bank Trust ... if a trustee had any special skills, which takes the trustee s ability above the objective baseline ...   more details



  1. Trustee Investments Act 1961

    Infobox UK Legislation short title Trustee Investments Act 1961 parliament Parliament of the United Kingdom long title An Act to make fresh provision with respect to investment by trustees and persons having the investment powers of trustees, and by local authorities, and for purposes connected therewith. statute book chapter c 62 introduced by territorial extent royal assent 3 August 1961 commencement repeal date amendments Trustee Act 2000 br Charities and Trustee Investment Scotland Act 2005 related legislation repealing legislation status Repealed original text http opsi.gov.uk acts acts1961 pdf ukpga 19610062 en.pdf activeTextDocId 645393 legislation history The Trustee Investments Act 1961 c 62 was an Acts of Parliament in the United Kingdom Act of the Parliament of the United Kingdom that covers where trustees can invest trust funds. Given the Royal Assent on 3 August 1961, it removed the Statutory Lists system and replaced it with sets of specific investment areas. The Act was heavily ... trusts were under performing as a result. The passing of the Trustee Act 2000 effectively nullified the 1961 Act s terms in relation to trustee investment, and the 2000 Act is now the principal piece ... based on the Trustee Act 1925 , which set up a Statutory Lists system. The list contained only those ..., and passed into law as the Trustee Investments Act 1961. ref Price 1961 p.740 ref Act The Act replaces ... the trustee to seek advice before investing. The second set includes debenture s in certain British companies and gilt edged securities , with the trustee expected to seek written advice from a person ... to narrow range investments. The valuation must be done by a person reasonably believed by the trustee ... of complying with its provisions. ref Wilson 2007 p.374 ref The Trustee Act 2000 repealed most of the 1961 act and now acts as the principal piece of guidance on trustee investments. ref Edwards ... 2009 edition 6th isbn 041549771X cite journal last Price first Leolin year 1961 title Trustee Investments ...   more details



  1. Japan Trustee Services Bank

    Refimprove date March 2009 No footnotes date March 2009 Nihongo Japan Trustee Services Bank, Ltd. Nippon Torasuti S bisu Shintaku Gink Kabushiki gaisha , or JTSB , is a trust bank in Japan . History JTSB was established on June 20, 2000 by Resona Holdings The Daiwa Bank, Ltd. , and Sumitomo Trust & Banking Co., Ltd. and began operations on October 23, 2000. Shareholders Resona Bank, Ltd. 33.33 Sumitomo Trust & Banking Co., Ltd. 33.33 Mitsui Trust Holdings, Inc. 33.33 External links http www.japantrustee.co.jp english index.html Japan Trustee Services Bank, Ltd. en icon Category Banks of Japan asia bank stub japan company stub ja ...   more details



  1. Trustee model of representation

    refimprove date January 2011 The trustee model of representation is a model of a representative democracy . Constituents elect their representatives as trustees or entrust them for their constituency . These trustees have sufficient Wiktionary autonomy autonomy to deliberate and act in favor of the greater common good and national interest , even if it means going against the short term interests of their own constituencies. The model provides a solution to the problem uninformed constituents who lack the necessary knowledge on issues to take an educated position. This model parallels the delegate model of representation , which is a model in which the representative is a tribune of the people. ref name helen aaten 1 cite web url http www.helenaaten.com wp content uploads 2009 09 100507 CIP.pdf title Competing Informed Principals and Representative Democracy accessdate 2011 01 17 author Aaten,Helen ref ref name yale 1 cite web url http www.yale.edu leitner resources docs delegates.pdf title Delegates or Trustees? A Theory of Political Accountability accessdate 2011 01 17 author Fox, Justin and Shotts, Kenneth W. ref This model was formulated by Edmund Burke ref name helen aaten 1 1729 1797 , an Irish philosopher, who also created the delegate model of representation. In the trustee model, Burke argued that his behavior in Parliament of the United Kingdom Parliament should be informed by his knowledge and experience, allowing him to serve the public interest . Indeed, as he put it, his unbiased opinion, his mature judgment, his enlightened conscience, he ought not to sacrifice to you, to any man, or to any set of men living. ... Your representative owes you, not his industry only, but his judgment and he betrays, instead of serving you, if he sacrifices it to your opinion . Essentially, a trustee considers an issue and, after hearing all sides of the debate, exercises their own ... reflist DEFAULTSORT Trustee Model Of Representation Category Democracy ...   more details



  1. Trustee Savings Banks Association

    Unreferenced date November 2006 orphan date November 2009 The Trustee Savings Banks Association was established in Manchester in 1887. However, throughout its history the Trustee Savings Banks Association failed to act as central provider of administrative functions to small independent savings banks. Initially only 26 of the 389 trustee savings banks TSB became members. The work of the association was to be directed by a Council of Management comprising representatives from not fewer than 14 of the larger TSBs. The day to day affairs were to be guided by a trio of honorary secretaries made up of the actuaries of the Glasgow , Manchester and Liverpool savings banks. But for a long time it remained ineffective in persuading hundreds of small savings banks to speak and act as a single body. Spencer later Sir Spencer Portal was credited with introducing the idea of appointing a permanent secretary and a large Council in 1914 with the aim of deciding a common policy as well as a single voice to conduct negotiations with the government and promote legislation. Spencer Portal became deputy chairman of the Association in 1919, chairman in 1923 and president when relinquishing his chair in 1935. By the 1930s the Association under Spencer Portal was already successful in putting forward a common view to Parliamentary Committees and the Treasury to support the progress of the savings banks. This was important given the detailed regulatory framework surrounding the operation of the savings banks. Notable achievements included lifting limits on deposits introduced in 1915 as well as major reforms such as those of around the Act of Parliament of 1929, 1965 and 1975. In 1975, Freddie Miller , the then president secretary general, became deputy chief executive of the newly created TSB Central Board , working under Tom Bryans . Category Defunct financial services companies of the United Kingdom Category Companies based in Manchester Category Banks established in 1887 ...   more details



  1. Trustee Savings Bank

    About the historical Trustee Savings Bank the present day institution Lloyds TSB Bank Infobox company ... Lloyds TSB Group Plc subsid TSB Bank Scotland Plc The Trustee Savings Bank , or TSB as it was commonly ... and managerial goals of the organisation. Directors were appointed as trustee s hence the name on a voluntary basis. Between 1970 and 1985, the various trustee savings banks in the United Kingdom were ... subsidiaries, Lloyds TSB Bank and Lloyds TSB Scotland. The first trustee savings bank was established ... by Lloyds Banking Group under the Trustee Savings Bank brand, together with branches although not the name ... Central Television between 1984 and 1999 and renamed Central House Early history of the trustee .... ref name MPRA Funds of the savings banks would be under control of voluntary managers or trustee ..., the payment of all money received by trustee savings banks, other than that needed for liquidity ... curtailed by the Savings Bank Act 1891 Savings Bank Act of 1891. ref name MPRA Modern history of the trustee savings banks It became clear in the inter war years that trustee savings banks could compete ... between the various trustee savings banks. Each individual TSB served a separate geographic area ... for deposits and most notably the growing popularity of hire purchase led to calls for the Trustee ... the first unit trust issue was offered. Although most customers of trustee savings banks were lower ... by the over restrictive central control by the Exchequer, the National Debt Commissioners and the Trustee ... 5 p.a. In 1964 the London Trustee Savings Bank was the first to computerise standing orders, and all ... 2 . The largest trustee savings banks were based in London , Glasgow , Edinburgh and Belfast . However ... than 5 . Geographical location of the 1,655 trustee savings bank branches was also unevenly distributed ... trustee savings banks bill lords Trustee Savings Bank Bill Hansard, 17 February 1976 ref These recommendations ... Athelstan Car e , then chairman of the Trustee Savings Banks Association , called for the establishment ...   more details



  1. James Logan (trustee)

    Wright principal George Wright and former trustee John Whipple trustee John Whipple . The school newspaper ...   more details



  1. Trustee from the Toolroom

    Image TrusteeFromTheToolroom.jpg thumb 1st edition cover Heinemann book publisher Heinemann Trustee from the Toolroom is a novel written by the late Nevil Shute . Shute died in January, 1960, and Trustee was published posthumously later that year. Plot summary The plot of the novel hinges on the actions of a technical journalist, Keith Stewart, whose life has been focused on the design and engineering of scale model machinery. Stewart writes serial articles about how to create scale models in a magazine called the Miniature Mechanic, which are extremely well regarded in the modelling community as is he. Stewart is called upon to hide a metal box in his sister s and brother in law s boat just before they plan to leave in it to emigrate to Canada. Until they are settled in British Columbia , their daughter, Keith s niece, is to remain with Keith and his wife. His in laws are lost at sea in French Polynesia . After the deaths are confirmed, Keith is told, by his in laws solicitor, that there is almost no money in the estate, but there is evidence that Keith s brother in law has converted his wealth into diamonds to take with him abroad, to evade export and currency restrictions intended to prevent capital leaving Britain. Keith s guardianship of his niece is now permanent, and he becomes her trustee hence the title , but where is her money? Keith quickly realizes that the metal box he secreted contained the diamonds, and he starts to investigate how he may travel to retrieve it from the wreck. It is a difficult problem. Keith, while not poor, has chosen to do work he loves in place of better paying work, and cannot afford to travel to Polynesia. He is able to call on connections in the model engineering world to deadhead his way on a flight as far as Hawaii . Finding no conventional ... one. All four characters are portrayed in a positive light. Footnotes Trustee from the Toolroom was voted ... first Nevil authorlink Nevil Shute year 1960 title Trustee from the Toolroom publisher Heinemann ...   more details



  1. Trustee system (Catholic Church)

    Isles, laymen are less generally employed. ref For the trustee system, as far as it can be called ... References Attribution Catholic wstitle Trustee System The entry cites Taunton, The Law of the Church ...   more details



  1. Mesa State College Student Trustee

    The position of Mesa State College Grand Junction, Colorado Grand Junction, CO Student Trustee was created in 2003 with the adoption of H.B. 1093, sponsored by former Colorado State Sen. Ron Teck and former State Rep. Gayle Berry, which created an eleven member independent Board of Trustees nine gubernatorially appointed and confirmed by the Colorado Senate Colorado State Senate , one elected by the Student body of Mesa State College, and one appointed by the members of the academic faculty . The College President is appointed by and reports to the Board and is responsible for day to day management of the campus and its employees. The Colorado Commission on Higher Education is the policy and coordinating board for the State s higher education system including Mesa State College. ref http www.colorado.gov cs Satellite?blobcol urldata&blobheader application 2Fpdf&blobkey id&blobtable MungoBlobs&blobwhere 1232524018025&ssbinary true. Colorado.gov. 2010. Retrieved 2010.09.14 ref The Student Trustee is regulated by Colorado Revised Statute 23 53 102 3 2003 ref http www.michie.com colorado lpext.dll cocode 1 39495 394df 3a73a 3b548 3b563?f templates&fn document frame.htm&2.0 JD 23 53 102. C.R.S. 23 53 102. 2009 Retrieved 2010.09.14 ref , which states that the student body at large shall elect one of its eligible members to be the Student Trustee. The Office of the Student Trustee is widely recognized as the most powerful and influential position within Mesa State College as the holder ... Trustee must be a full time junior or senior student at MSC. B. The term of the Student Trustee ... 2724 6 402 27 5D. C.R.S. 24 6 402 2010 Retrieved 2010.09.14 ref D. The Student Trustee shall have resided ... Commission on Higher Education. F. The Student Trustee shall take and subscribe to the oath of office .... Student Trustees of Mesa State College class wikitable Number Tenure Student Trustee 1. 2003 2004 ... Norman and Matt Soper had an exact tie for the office of Student Trustee. ref Goe, David. Government ...   more details



  1. Peoples Department Stores Inc. (Trustee of) v. Wise

    SCCInfoBox case name Peoples Department Stores Inc. Trustee of v. Wise full case name Caron B langer Ernst & Young Inc., in its capacity as Trustee to the bankruptcy of Peoples Department Stores Inc. Magasins rayons Peoples inc. v. Lionel Wise, Ralph Wise and Harold Wise and Chubb Insurance Company of Canada heard date May 11, 2004 decided date October 29, 2004 citations 2004 3 S.C.R. 461, 2004 SCC 68 ruling Appeal dismissed. SCC 2003 2004 Unanimous Major and Deschamps JJ. NotParticipating McLachlin C.J., Iacobucci and Arbour JJ. LawsApplied 373409 Alberta Ltd. Receiver of v. Bank of Montreal, 2002 4 S.C.R. 312, 2002 SCC 81 Peoples Department Stores Inc. Trustee of v. Wise , 2004 3 S.C.R. 461, 2004 SCC 68, is a major Supreme Court of Canada decision on the scope of the fiduciary duty upon directors and officers of a corporation. When examining the duty of directors under section 122 1 of the Canada Business Corporations Act CBCA , the Court held that there is a distinction between the interests of the corporation and those of the shareholders and creditors. Background The Wise Stores Wise Stores Inc. was a retail store chain whose share were primarily held by the three Wise brothers. In 1992 they acquired Peoples Department Store, a competitor. From 1994 their business interests went through a difficult time. To cut down on costs they developed a scheme where certain inventory would be purchased through Peoples and then given to Wise on credit. Soon, Wise owed more than 18 million dollars to Peoples. By 1995, both Wise and Peoples declared bankruptcy. The creditors for Peoples bought an action against the Wise brothers for breach of their fiduciary duties as directors under section 122 1 of the CBCA by implementing the credit scheme. The Trustees argued that the Wise brothers favoured the interests of Wise Stores over that of Peoples. At trial the Quebec Superior Court found that the Wise brothers breached their fiduciary duty. The decision of the trial judge was overturned ...   more details



  1. Borland?s Trustee v Steel Bros & Co Ltd

    Orphan date January 2011 Infobox Court Case name Borland s Trustee v Steel Bros & Co Ltd court High Court image caption date decided full name citations 1901 1 Ch 279 judges prior actions subsequent actions opinions Farwell J transcripts keywords Share, constitution Borland s Trustee v Steel Bros & Co Ltd 1901 1 Ch 279 is a UK company law case, concerning the enforceability of a company s constitution and the nature of a company share. Facts Steel Bros Ltd s articles said if a member went bankrupt his shares would be transferred to designated persons at a fair price not above par value . Borland held 73 100 shares and went bankrupt, and so the company gave Borland s Trustee in bankruptcy notice of the transfer. The trustee argued the article was void because it compromised ownership and property rights and tended to perpetuity, against the rule against perpetuities . Judgment Farwell J rejected Borland Trustee s argument and held the article was valid. He said the argument that the article was repugnant to absolute ownership needed to assert, wrongly, that a share is a sum of money dealt with by executory limitations. But in fact a share is an interest and consists of a series of mutual covenants entered into by all the shareholders inter se in accordance with section 16 of the Companies Act 1862 . ref See now CA 2006 s 33 ref The argument about perpetuity has no application because the rule against perpetuities does not apply to personal contracts. ref 1901 1 Ch 279, 287 291 ref Cquote It is said that the provisions of these articles compel a man at any time during the continuance of this company to sell his shares to particular persons at a particular price to be ascertained in the manner prescribed in the articles. Two arguments have been founded on that. It is said, first of all, that such provisions are repugnant to absolute ownership. It is said, further, that they tend ... but Lord Cairns with his usual discretion did not press it. ...the trustee is as much bound by these personal ...   more details



  1. File:Trustee-works-logo.png

    Summary logo fur Article Reach Skilled Volunteering Use Org ADDITIONAL INFORMATION Used for Owner Website http www.reachskills.org.uk trusteeworks History Commentary OVERRIDE FIELDS Description Source Portion Low resolution Purpose Must be specified if Use is not Infobox Org Brand Product Replaceability other information http www.reachskills.org.uk trusteeworks Licensing Non free logo ...   more details



  1. File:LCC Trustee President Pete Saenz IMG 1950.JPG

    Summary Laredo attorney Pete Saenz, president of the LCC board of trustees Source I took photo on Nov. 11, 2008. User Billy Hathorn Billy Hathorn User talk Billy Hathorn talk 20 31, 11 November 2008 UTC Licensing Multilicense replacing placeholder class people migration relicense ...   more details




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